You Randomly Select 500 Students and Observe That 85 of Them

question 7

Multiple Choice

You randomly select 500 students and observe that 85 of them smoke. What is your estimate of the probability that a randomly selected student smokes?

• A)0.27
• B)0.5, because there are two possible outcomes for every student surveyed (smoke or don't smoke)
• C)0.17
• D)1.2

Analyze the principles and theories explaining social behavior and interactions, including aggression, conformity, and love.

Identify the role of social influence, including persuasion techniques and group dynamics, on individual decisions and attitudes.

Distinguish between different types of social biases and their manifestations in daily life.

Comprehend the importance of superordinate goals and their ability to reduce conflict and promote cooperation.

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Definitions:

Offence

An offence is a violation of law or rule, constituting an act that is forbidden by statute or is considered morally wrong or objectionable.

Restrictive Trade Practices

Business activities that limit or control competition in the market, often scrutinized under anti-trust laws.

Competition Act

Legislation aimed at preventing anti-competitive practices in the marketplace, ensuring fair competition among businesses.

Conspiracy

Agreement between firms to unduly lessen competition.